inaugurating Eye Check up Camp · welcome relief to get the much awaited rains which everyone...
Transcript of inaugurating Eye Check up Camp · welcome relief to get the much awaited rains which everyone...
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For a service oriented profession like ours, it is necessary to be alive to the socio-economic changes in the environment and to play a positive role in the
service of the society.
CA.�Ashwini�Agrawal
CA. Julfesh Shah
CA. Swapnil Ghate
CA. Sandeep Jotwani
CA. Deepak S. Agrawal
CA. Sachin S. Agrawal
CA. Ashish Khandelwal
CA. Nitin Agrawal
CA. Rupesh Panpaliya
CA. Santosh Dekate
CA. Ritesh Jham
CA. Prachi Dani
CA. Tushar Singhvi
CA. Ashish N. Agrawal
Chairman’s Communique
To ensure that any learned profession
continues to render useful public service, it
must be responsive to the needs of the society.
For a service oriented profession like ours, it is
necessary to be alive to the socio-economic
changes in the environment and to play a
positive role in the service of the society.
The world over, corruption is a matter of great
concern . Governments , bus inesses ,
professionals and citizens realize that the long
term-cost of corrupt behavior are immense for
the short-term benefits of certain individuals.
We as professionals can substantially
contribute to the process of control and
containment of corruption by helping the tax
authorities to regulate the system to curb the
evils of black money and tax evasion.
The month started with CA Day celebrations
and flag hoisting at the hands of Senior
Chartered Accountant CA. S.B. Hajare, Blood
Donation Camp inaugurated by CA. G.K.
Agrawal and eye check up camp inaugurated
by CA. P.C. Sarda. It was followed by Investor
Awareness Programme, Tree Plantation at the
hands of CA. B.K. Agrawal, and visit to Deaf and
Dumb School where school kits were
distributed to needy students.
A Football Tournament was organized where
members took time out of their work schedule
for sports and refreshment. With Union Budget
being presented by Hon. Finance Minister, for
stthe 1 time Nagpur Branch organized live
screening of Budget with different Trade and
Industry Association of Nagpur and unique
programme Immediate Reaction on Union
Budget was also organized. Long awaited and
much needed Certif icate Course on
Concurrent Audit of Banks was successfully
organized by Nagpur Branch during the month.
Seminar on Finance Bill was also organized
which received overwhelming response from stmembers. During the month for the 1 time in
the history of Nagpur branch, branch had the
honor of visit of Hon. Finance Minister of State,
Government of Maharashtra, Shri Rajendra
Mulak to the branch premises where he
actively interacted with members. Thursday
series Study Circle Vaartalaap continued to
receive great response from members and we
thank members for encouraging us and
supporting the new ideas.
Nagpur Branch of ICAI and Nagpur Branch of
WICASA had the privilege to host prestigious
National Convention for CA Students in which
more than 850 students from across India
participated. The convention was graced by
CA. Devraja Reddy, Chairman Board of Studies
and WIRC Chairman CA. Anil Bhandari, CA.
Julfesh Shah and other office bearers. The
technical sessions were chaired by respected
Central Council Members CA. S.B. Zaware, CA.
Atul Kumar Gupta, CA. Jai Chaaira & CA. Prafull
Chajjed. CA. Jaydeep Shah, Past President ICAI
also graced the occasion. I congratulate entire
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Impressions
CA. G.K. Agrawal, Senior Chartered Accountant inaugurating Blood Danation CAMP
CA. P.C. Sarda Senior Chartered Accountant inaugurating Eye Check up Camp
Immediate Reation on Union Budget
Interactive Meet with Shri Rajendra Mulak, Finance Minister Govt. of Maharashtra
CA. S.B. Hajare, Senior Chartered
Accountant hoisting the Flag
CA. B.K. Agrawal, Senior Chartered Accountant addressing at Tree Plantation Programme
Annual General Meeting
Felicitation of Shri Rajendra Mulak Finance Minister Govt. of Maharashtra
After a hot & humid summer, it was
welcome relief to get the much
awaited rains which everyone
welcomed with open hands &
heart. Nagpur Branch welcomed
the Monsoons with a host of
activity which included a week
long celebrations during CA Day.
“Ek sham CA ke naam” was again a
thunderous success. With a record number of Blood units
being collected and well organized Eye Camp for the
members, the Nagpur Branch showed its humane side. Its
Investor Education & Awareness Program too received
great response from the public at large.
Thursday's Study Circle “Vaartalaap” has been receiving
good participation and lots of members have marked it on
their reminders (of mobile) as this program is actually
bringing relevant information to them. Their queries or
doubts are being cleared on real time and that was why
this program was conceptualized by the branch.
With Share Market touching record heights, its time to
enjoy the growth in your investments. A word of caution –
Keep Booking Profits !!! With the much awaited Budget
over and not much to take away from it, we are focusing on
technology in this issue. We have brought you the a gist of
important shortcuts in Finnacle & Tally which will help you
to navigate the software easily. Hope you find it relevant &
worth storing for future reference.
Happy Reading,
Yours in profession,
CA. Tushar Singhvi.
July month is one of the busiest
month for our professional
colleagues, as various returns need
to be filled in this month. Month
started with most awaited first
union budget of new government.
Overall budget was good and
industry & manufacturing sector
welcomed it with enthusiasm. Now it
would be the challenge for government, that how they
boast the economy & how they bring some” Acche Din” for
people. Looking forward to this Nagpur branch has
organized a programme called an immediate reaction on
union budget, to make us understand the changes and stintricacies of this union budget. 1 of July was a foundation
day, on this occasion a weeklong celebration was
organized by the branch.
Apart from this Nagpur branch has organized a special
seminar on finance bill which received a good response
and a great participation, not only this, on student's front
Nagpur branch hosted a National convention for CA
students which register a record number of participation.
On this occasion whole WIRC managing committee was
present to grace the event.
As we always try to give some technology update to make
our members more techno savvy, in this issue we are
coming up with some important shortcuts of Finnacle & as
well as of Tally. Shortcuts of finnacle will for sure help you
to use the banks software easily.
With Warm Regards
CA. Ashish Agrawal
01
Joint Editor’s Message
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Chairman’s Communiqué Cont...
Joint Editor’s Message
team of Nagpur WICASA led by young and dynamic
Chairman, CA. Umang Agrawal and my colleagues in
Managing Committee for a fabulous and successful
convention.
The power of human mind is indeed unlimited in its
potential. There are no limits, except those we place on
ourselves. So it is individual choice or choices that
determine how we want to see the world, a particular
situation or challenge, it depends on how do we
programme our minds.
Though no one can go back and make a brand new start,
one can start from now and make a brand new ending.
Yours in Profession
CA. Ashwini Agrawal
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1. Notification No. 31/2014
Cost Inflation Index for FY
2014-15 is 1024 as per
Notification issued u/s 48 of
the Income Tax Act.
2. Manoj Kumar Saraf v. Income-
tax Officer, OSD-II (2014)
(Gujarat)
Where even though assessee took unsecured loan
through cheques, yet he could not establish identity
and creditworthiness of lenders, amount of loan was
rightly added to assessee's taxable income under
section 68.
3. ACIT (TDS), Noida v. Lotus Valley Education Society
(2014) (Allahabad)
Where assessee took certain vehicles on hire for
carrying its students and staff, it was justified in
deducting tax at source under section 194C while
making payments of hiring charges to transport
contractor
4. B. Sivasubramanian v. Income-tax Officer, Ward I
(1), Salem (2014) (Chennai - Trib.)
Approval of building plan : Provisions of section 54F
mandate construction of a residential house, within
period specified, however, there is no condition that
building plan of residential house should be
approved by Municipal Corporation or any other
competent authority5. Spunpipe and Construction Co. v. ACIT(2014)
(Gujarat)
Business income v. Capital gains - Land dealings :
Where in course of assessment, Assessing Officer
accepted assessee's claim that income arising from
sale of land was taxable as 'long-term capital gain', in
absence of any new material brought on record,
Assessing Officer could not initiate reassessment
proceedings on basis of mere change of opinion that
income in question was taxable as 'business income'6. CIT vs. Triveni Engineering & Industries Ltd
(Allahabad High Court)
S. 271(1)(c)/ 271(1B): If, in the assessment order, AO
directs initiation of penalty on specific issues but not
on others, he is not entitled to levy penalty on the
other issues
7. Kansai Nerolac Paints Ltd vs. DCIT (Bombay High Court)
S. 254: If a legal issue is raised (even for the first time)
ITAT has the duty to deal with it and cannot remand it
to lower authorities8. LSG Sky Chef (India) Pvt. Ltd vs. DCIT
(ITAT Mumbai)
Assessee cannot be denied credit for TDS on the
ground of discrepancy in Form 26AS filed by the
Deductor. The assessee, by furnishing the TDS
certificate/s bearing the full details of the tax
deducted at source, credit for which is being claimed,
has discharged the primary onus on it toward
claiming credit in its respect. He, accordingly, cannot
be burdened any further in the matter. Form 26AS is a
statement generated at the end of the Revenue, and
the assessee cannot be in any manner held
responsible for any discrepancy therein or for the
non-matching of TDS reflected therein with the
assessee's claim/s. 9. CIT vs. J. L. Morrison (India) Ltd (Calcutta High
Court)
S. 263: The CIT can revise an assessment only if he can
show unmistakably that the order of the AO is
unsustainable. Fact that the AO has passed a non-
speaking order does not mean that he has not
applied his mind. If the AO has taken a possible view,
it cannot be said that the view taken by him is
erroneous nor the order of the AO in that case can be
set aside in revision. It has to be shown unmistakably
that the order of the AO is unsustainable. Anything
short of that would not clothe the CIT with
jurisdiction to exercise power u/s 263 of the Act10. Sunil Kumar Agarwal vs. CIT (Calcutta High Court)
S. 50C: If the stamp duty valuation is higher than the
consideration received, the AO must refer the
valuation to the DVO even if there is no request by the
assessee. No inference can be made that the
assessee has accepted the price fixed by the District
Sub Registrar for stamp duty purposes as the fair
market value of the property because the assessee
has nothing to do in the matter.
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Income Tax Updates : Compiled by CA. Tushar Singhvi
03
05
1. Your Opinion as to what ails our Fraternity
vis-a-vis the fees charged by CA's for their
work?
Ans Apart from informing the client about fees
prior to starting the assignment, minimum
fees fixed by the Institute is not strictly
adhered to especially by new firms.
2. Should the fees be charged as per the cost
involved in delivering the services or the value
generated for the client?
Ans Professional charges should be on the basis of
cost and time involved in delivering the
services.
3. How the Valuation / Costing of our work should
be done? What factors should be taken into
account?
Ans The factors to be considered for charging the
professional fees are time taken, expertise
knowledge and efforts required, timely
delivery of services and other reimbursement
of expenses.
4. How the value of our Service offering should be
communicated to the client? How should he be
convinced to pay not only as per time involved
but also considering the value of advice & risks
involved?
Ans By holding formal meeting with clients on
regular basis and updating them about the
assignment. It is highly important that an
Audit Engagement letter should be issued by
the Chartered Accountant Firm outlining
c learly the scope & extent of our
responsibilities to the client and the same
should be acknowledged and kept on our
records.
5. Should some part of Audit Fees or any other
work be taken in Advance?
Ans Depending upon the client & scope & length of
duration required to complete the
assignment.
6. How to discourage the client from Bargaining
of the quoted fees?
Ans First we have to get convinced that we are
charging the most reasonable amount. If
such is the case there would be no scope for
bargaining.
7. How can we bring in the system of charging for
Consultations?
Ans When a client approaches for getting opinion,
it is imperative to inform him about charging
of some fees for consultation. Slowly this
habit of charging for consultation should be
developed so that the client also remains
satisfied vis-a-vis fees charged & services
received.
CA. Mahesh rathi
The theme of Nagpur Branch for the year 2014-15 is “Profess to Prosper”. One of the main
focus areas of this year's team will be to help members command value for their work, which
they deserve. We strongly believe unless we prosper and flourish, the profession will not
thrive. In that pursuit, we will be coming up with personal experiences and views of the Past
Chairmen as to how the professional colleagues should value, deliver and communicate their
services. We humbly request to spare your valuable time & share your personal experience as
to how you have tackled the below mentioned issues in your professional life. Your valuable
suggestion may help the fraternity as a whole to profess & prosper:
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Experience CornerPast Chairman Share Their Expereince
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Experience CornerPast Chairman Share Their Expereince
Ans1. Though there may be varying
reasons for undercharging the fees,
some of the reasons are fear of
losing the client, belief that lower
fees will help in getting new clients
or in many cases simply the
mindset for undercharging for the
services rendered. In my opinion in
case of doing compliance and other
audit work, in most of the cases we
feel that it is our need to do the work and we do not project it
as the compulsory need of the client. This leads to doing many
time consuming activities without properly informing the
client and we end up in undercharging for our professional
services. Further we do not properly demarcate the services
we are rendering to our clients in separate deliverables and
chargeable work. We tend to project it as a package of
services and many times end up in undercharging or not
charging for some services.
Ans2. I personally believe that when the client is engaging a
chartered accountant for any professional work he is doing it
for his expertise, judgment and not buying his time. The fees
charged should obviously cover the cost of rendering them,
but should be based on the expertise and skills involved in
doing the job. Likewise there is nothing wrong if the value
generated for the client is taken into account while deciding
about the fees to be charged. In certain professional
assignments like project finance, in appellate matters or
other consultancy related assignments, the value generated
for the client is normally considered before charging the fees
for the particular assignment.
Ans3. It will depend upon the type of service we are rendering to the
client. The nature of assignment will determine the
valuation/costing basis for the services. Some services can be
classified in cost plus or work basis like verification of stock,
fixed assets etc. In such situations the cost involved like
manpower to be engaged, time involved of professional
person in rendering the services plus the value of professional
expertise should be added before quoting the final fees.
Certain services are result based like appellate services or
representation services. In these cases the quantum of fees
will definitely vary in case of favorable or adverse outcome. In
case of favorable results the quantum would be higher and in
case of adverse result the fees may be charged to cover the
cost as well as time involved of the professional. I would like to
put forward following points to be considered before deciding
the value of the services rendered.
Acceptable fees for the nature of work Rarity of the
knowledge and extent of specialization required Cost plus
factor Pre-determined rates in case of certain defined
services. Relationship with the client- regular, onetime etc
Benefit to the client Time involved
Ans4. Communication with the client about the scope of the services
to be rendered and the skills involved is of utmost
importance. Be skillful in your area of practice. Competence is
the basic requirement of any professional assignment. If we
render the service with utmost professional expertise I do not
think that there would be an occasion to convince the client
about the value of the service. But if such a situation arises we
should be very forthright and put our point of view in most
effective manner. My personal opinion is we should not go
out of the way to convince a client who does not value our
services. Instead we should concentrate on clients who value
our services. There are many clients who are ready to pay
adequately for the value of the services they receive. Leave
the work of the client who do not value your services, there
are many clients waiting for us.
Ans5. It again depends upon the quantum and type of the work. If
the audit work is undertaken on an annual basis the question
of taking advance does not arise. In case the audit work is
undertaken on monthly or quarterly basis it is advisable to
take some fees on advance basis. In other areas like project
finance, representation services, or rendering advice on
various aspects it is advisable to take fees in advance since the
services are rendered over a longer period of time. There is
nothing wrong in taking fees in advance for any type of
assignment but in my opinion it will also depend upon the
nature of services and past experience with the client.
Ans6. We should be reasonable in charging the fees to the client.
The fees should depend upon the nature of services
rendered, skill and time involved etc. The word reasonable
should not lead us to undercharge the fees. We should clearly
explain the scope of services and the amount of fees to the
client upfront, especially to those who we feel are likely to
raise the issue later. If there is some genuine issue the client is
raising we should first listen to his point of view. But never
reduce your fees when you feel that it is just and reasonable.
The practice of bargaining should not be encouraged at all.
Just leave the work of the client if he is not ready to properly
pay the value of the service rendered to him. Learn to say no
to such clients who indulge in bargaining.
Ans7. First of all we should be clear in our mind what type of services
we are rendering to any particular client. The clear
demarcation of services should be made in compliance based
services and advisory based services. We should raise
separate bills for consultancy services and not mix them with
regular compliance services. Some system should be evolved
to make a note of the discussion with the client, covering the
queries raised by him and the advice rendered to him and the
same should be communicated to him through mail. It will
result into the client realizing the importance of the advice
rendered to him.
We should keep our self updated in our area of practice, so as
to increase our consultancy practice. Now-a-days due to the
complex nature of various laws and the resultant impact the
nature of advice rendered is very important. Since as a
professional we are updating ourself on a continuing basis we
need to realize that true potential of our knowledge can be
explored by rendering consultancy services, both in terms of
job satisfaction and monetary value. If one is convinced about
this fact then only we can bring the system of charging for the
consultancy services.
CA. SamIr Bakre
0303
A. Brief Background
· In order to check whether the Taxpayers carrying on business with related parties made excessive and unreasonable expenditure, provisions of s e c t i o n 4 0 A ( 2 ) w e r e introduced.
· Further, in order to check whether the profits of eligible units for availing the deduction under section 80A, 80IA, 10AA etc were not inflated, provisions were introduced in section 80A, 80IA, 10AA.
· However, there was no machinery in the Income-tax Act, 1961 (Act) to monitor/deal with the transactions with the related parties, whether the same are valued at Arm's Length Price or not.
B. Genesis - Supreme Court's observations
· SC in Glaxo Smitkline Asia (P) Ltd. (2010) 195 Taxman 35 (SC), observed that there was a need to extend Transfer Pricing regulations (as applicable to International Transactions) to domestic transactions.
· In order to give effect to the above SC observation, The Finance Act (FA) 2012 has extended the scope of Transfer Pricing (TP) regulations as applicable to 'international transactions' to 'specified domestic transactions' (SDT) with effect from A.Y. 2013-14.
· Objective behind applying and extending of scope of transfer pricing regulations to domestic transactions:
Determination of income from domestic related party transactions and
Determination of reasonableness of expenditure between related domestic parties.
It will create legally enforceable obligation on assessees to maintain proper documentation.
C. What are 'SDT' - Section 92BA
· “Specified Domestic Transactions“ in case of an assessee means any of the following transactions (with the aggregate value exceeding INR 5 crore), not being an international transaction, namely –
Expenditure under section 40A(2) Transfer of goods and services between the tax
holiday undertaking and other undertakings of the taxpayer
Business transacted between the tax holiday undertaking and other 'closely connected entities'
Any other notified transaction.[Refer Annexure 1]D. Significant Transactions which may be impacted
(illustrative list)
· Transfer of goods between related domestic companies eligible for tax holiday and others.
· Inter-unit transfer of goods / services between tax holiday eligible business / units and other businesses / units of the taxpayer in India
· Interest, corporate guarantee receipt /payment, cash pooling and related funding transactions between related parties in India
· Expenditure incurred in case of Director fees, managerial remuneration
· Transactions of reimbursement of expenditure
· Transaction under Cost sharing agreements/ Cost Contribution agreements. Payments for use of/ access to common facilities like office/ Finance charges/ Human Resource services etc.
Fair market value (FMV)FMV as contemplated by any of the specifiedprovisions under section 92BA will need to bedetermined in accordance with ALP as defined in section 92F(ii) of the Act.
Arm’s Length Price (ALP)ALP as determined by adopting most appropriate method as per section 92C(1) will be considered as measure of FMV for transactions specified under section 92BA. This makes it mandatory for the taxpayer to compute ALP as per methods specified under section 92C. The taxpayer cannot adopt any other unspecified method for computing ALP.
E. Consequences, if a transaction is classified/covered under SDT
DocumentationThe taxpayer is obliged to maintain contemporaneousdocuments under section 92D and obtain & furnish Auditor’s Report under section 92E ofthe Act [i.e Form 3CEB].
F. Methods for determining ALP
· Section 92C, which deals with computation of Arm's
Length Price, specifies the use of five methods, and
such other method as may be prescribed.
· ALP is required to be computed in accordance with
Rule 10B and Rule 10AB using any one of the
following methods being most appropriate method:
Comparable uncontrolled price method (CUP)
Resale Price Method (RPM)
Cost Plus Method (CPM)
Profit Split Method (PSM)
Transactional Net Margin Method (TNMM)
Such other method as prescribed by the Board
– Rule 10AB
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CA. Abhay Agrawal
Transfer Pricing - Specified Domestic Transactionsr
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G. Penalties
Non compliance or improper compliance of SDT provisions may result in the following onerous penalties:
Section Default Nature of penalty
271AA Failure to maintain documents; or 2% of the value Failure to report a transaction in of transaction the Accountant’s report; or Maintaining or furnishing incorrect information or documents 2% of the value of transaction
271G Failure to furnish documents271BA Failure to furnish Form 3CEB by the due date Rs 1,00,000271(1)© In case of a transfer pricing adjustment,�in absence of good faith and due diligence by the taxpayer in applying the provisions and maintaining adequate documentation
Annexure I
Section Tax payers covered Applicability of TP provisions on SDT
aggregating a value of more than INR 5 crore
40A(2) Applicable to taxpayers making payment/ incurring expenditure and not to recipients of such income
The reasonableness of payments is to be computed with regard to the arm's length price.
80A(6) Enterprises claiming deductions from total income under chapter VI-A
The goods and services of an eligible business are to be transferred to any other business carried on by the same taxpayer, and vice versa, to meet the arm's length test.
80-IA Sub Section (8)and (10)
Infrastructure developers
· Telecommunications service providers
· Developers of industrial parks
· Producers or distributors of powerAn enterprise with an eligible business and close connection with any other person
The goods and services of an eligible business transferred to any other business carried on by the same taxpayer, and vice versa, are to meet the arm's length test.With reference to Sub section (10), a business transacted between a taxpayer carrying on an eligible business with a close connection, which results in more than ordinary profits to the business, is to meet the arm's length test.
80-IAB Developers of SEZs Small scale industry engaged in operating Cold storage plant Industrial undertaking in Industrially backward state as mentioned in VIII Schedule (ex: Jammu and Kashmir )
· Multiplex theaters and convention centers
· Company carrying on scientific
· research and development
· Eligible housing projects Eligible hospitals
80-IC/80-IE Persons with units in specified states /northeastern states claiming deduction
The provisions of section 80IA Sub section (8) and (10) are to apply to an undertaking referred to inthese sections.
80-ID Hotels located in districts with World Heritage sites
10AA Persons with income from SEZ units
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25. F1 Statement of Affairs
26. FBI Foreign Bills Enquiry
27. FBRI Foreign Bills Register Inquiry
28. FTI Financial transactions enquiry
29. FTR Financial transaction enquiry and report
30. FWCHI Forward Contract History Inquiry
31. GENR Report on Guarantee expired but not reversed
32. GI Guarantee Inquiry
33. GILR Guarantee Issued cum Liability Register
34. GIPNP Guarantee Invoked and paid / not paid
35. GR General Reports
36. HII Hot Items Inquiry
37. HOCIP HOC Inquiry cum BAR print
38. INSTOEXP Report on Insurance Expired
S.No. Menu Option Name of Menu Option
1. AALI A/C Abnormal Limits / Details Enquiry
2. ABMR Report of accounts below minimum balance
3. ACCBAL Components of account balance enquiry
4. ACDET Account balance details
5. ACI Customer account enquiry
6. ACLI Account Ledger Inquiry
7. ACS Account Selection
8. ACSP Account Selection Print
9. ACTODI Account TOD enquiry
10. AFI Audit file enquiry
11. AINTRPT Interest report for accounts
12. AITINQ Account interest details inquiry
13. ATI Abnormal transaction inquiry
14. ATOR Account turnover report
15. BARIOR BAR Inward / Outward Register
16. BCREPORT Bankers Cheque Recon Report
17. BI Bills Inquiry
18. BR Balancing Report
19. CUMI Customer Master Inquiry
20. DCEXPLST Report on Expiring Documentary Credits
21. DCLIABRG Documentary Credits Liability Register
22. DCQRY Query on Documentary Credits
23. EXCPRPT Exceptions report
24. EXPRPT Report of Export Orders
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List of all Menu options available to Concurrent Auditors
Compiled by : CA. Ashish Khandelwal
39. IOGLT Inquire on GL transactions
40. LAGI Loans General Inquiry
41. LAOPI Loans Overdue Position Inquiry
42. LAROR Loans Review Overdue Report
43. LNDI Limit Node Details Inquiry
44. LNI Limit Node Inquiry
45. LTL Limit Tree Look up
46. MSGOIRP Outstanding Items Report
47. PDB Print Day Book
48. PHINQ Inquiry on History of Partition A/c
49. RPCRPT Reports on RPC Accounts
50. SCWRPTA Cash Scroll – Receipts and Payments
51. SPRG Stop Payment Register
52. SRL Security Register Look up
53. SRMRPTS Security Register Module Reports
54. SUPPLM Supplementary
55. TODRP TOD Register Printing
56. TDSIP TDS Inquiry and Report
Online Registration for Programme / Seminar can be done at
www.nagpuricai.org
Congratulations
List of Co-option for WIRC Committees-2014-15
Name of Member� Committee
1. CA. Anuradha Agrawal - Yavatmal Women Empowerment WIRC Sub Group
2. CA. Ashish Agrawal�- Nagpur� Young Member Empowerment WIRC Sub Group
3. CA. Pawan Sarda�- Nagpur� Young Member Empowerment WIRC Sub Group
4. CA. Ajay Vaswani�- Nagpur� Young Member Empowerment WIRC Sub Group
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Congratulations Air Rankers
Mr. Honey Batra
CPT May-2014 Exam nd
2 Rank
Ms. Nivitha
IPCC May -2014 Exam th47 Rank
CA. Sanket P. Gala
Final May -2014 Exam th35 Rank
Congratulations
CA. Vijay AgrawalBeing appointed as Chairman Advisory Board of
Akola Janta Commercial Co-operative Bank Ltd
for the year 2014-15
VACANCIES
CHARTERED ACCOUNTANT(Fresh / Experienced)
ARTICLE ASSISTANTS(IPCC / Graduate Passed)
AUDIT MANAGERS(CA Inter or equivalentwith Articleship completed))
For Carrying Out Bank Audits, Statutory & Internal Audits, ROC Assignments, Taxation Assignments
Contact Immediately CA. Anand Daga,
C/o. A. S. Daga & Co.Chartered Accountants
601, 602-B Wind, 6th Floor, Lokmat Bhawan, Nagpur-12Ph. (0712) 2461971, 6617971, 9373114747, 9423685731 (M)
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Ms. Karishma Kothari
IPCC May -2014 Exam th50 Rank
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Blood Donation Camp
Group Photograph of Football Tournament Group Photograph of Orphanage Visit
Investor Awareness Programme Seminar on Finance Bill-2014
Impressions
Wicasa Memoris
Group Dance Photograph
Certificate Course on Concurrent Audit of Banks
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national convention for ca students
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ICAI Bhawan, 20/1, Dhantoli, Na·gpur - 440 012 Phone : 0712 - 2454166, 2441196 Fax : 0712 - 2443968 Email : [email protected] Website : www.nagpuricai.org
From
The Institute of Chartered Accountants of India Nagpur Branch of Western India Regional Council
The views expressed in the newsletter are those of the individual contributors and not necessarily those of the Nagpur Branch of WIRC of ICAI.Published by CA. Ashiwini Agrawal, Editor in Chief on behalf of the Institute of Chartered Accountants of India, Nagpur Branch & Printed by : BPS Marketing Inc., Nagpur